Phil Hogan (Carlow-Kilkenny, Fine Gael)

To establish our position on the proposal put to the House, we need answers to these questions. Has EU approval been granted for the plan? If not, when will it be given? If changes or conditions are proposed by the EU Commission, will further legislation be required? Will the Bill be sent to the President for signature before EU approval is granted? Has the Tánaiste had any contact with the European Commission, particularly Commissioner Kroes, about the changes in the structure of the banking sector that may arise from NAMA being construed as a state aid?

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